Its late entry but can be checkd for bullish positions with swing low as negation level.. rally then formed base and then rallying now hence looking bullish
Bajaj electricals seems breakout from the minor trend rally may continue further concentrate if price sustain above 1118 in daily
Bajaj elect is on the verge of trend line break out, simultaneously horizontal resistance also lies there as donated is dotted line. Hence, good move may come above 1020 as double bottom is also done.
20.4.22 Inverted Flag Pattern-Bearish Flag Pattern: .Bajaj Elec. CMP 1075 Bearish Breakout happened on 1090.00 Target 1/2/3 1000/926/870 SL if Closes above 1150 One of the best patterns to look for in technical trading is either a bull or bear flag. This is one of the first patterns we learn and is considered the most reliable
if sustain above 1110, than target recent swing 1150
Once again it's hit the resistance.swing trading.indicators are looking good.
Be Cautious Head and Shoulders pattern at #BAJAJELEC Weekly Log Chart. The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward trend is nearing its end. ONLY FOR #educational . NOT SEBI REGISTERED. #LEARNEARN (DONT TRUST ANYONE)
given a mutliyear breakout and has formed a triangle pattern on the support line. breakout at 1155.
BAJAJ ELECTRICALS Stock after retesting its previous strong support zone of 1020 Now giving 8 Months old trendline Break Out & now retesting BO levels Buy above 1155/1160 levels with SL of 1100 For Swing targets of 1200/1240 to upto 1300 levels. ---- Note: Above levels are for education purposes only Do your own analysis before taking any trade Please Like & Follow
The stock has given a trendline breakout and closed above all EMA. Buy above 1155 level for both intraday and swing. Carry swing on closing basis for short term targets 1200 and 1240. Mid term target 1310. Learn & earn, Dr. Tanya Kumar
BAJAJELEC | Trendline breakout - Looks potential for 10-15% CMP : 1140 (Dip : 1100) SL : 1070 Target : 1240, 1320 1:2 risk reward setup for first target
#Bajajelectricals cash -Positional call 11 April 2022 Looks good above 1150.10 and dips 1120-1130 stoploss 1100 Target 1240/1340/1500 Cmp 1141.30
please check-------------------------------------------------------------------------------possible 20 percent upside
Bajaj Electricals at 200 EMA taken support for last two days, let us see will it reverse to the target of 2000.....
Positional Buy : Company : BAJAJELEC-EQ Entry Price : 1089.6 Stoploss : 980.60 Target 1 : 1198.50 Target 2 : 1253.00
NSE:BAJAJELEC Bajaj Electricals Ltd (BSE: 500031) is an Indian consumer electrical equipment manufacturing company based in Mumbai, Maharashtra. It is a part of the ₹380 billion (US$5.0 billion) Bajaj Group. It has diversified with interests in lighting, luminaries, appliances, fans, LPG based generators, engineering and projects. Its main domains are...
BAJAJELEC been trading in a zone market with blue lines once it breaks that can expect a big move. SL is yellow arrow but it need to confirm breakdown. chances of breakdown are low but it may test breakout level and bounce back so trade carefully dont get trapped. target will be 1:1.5 or 1:2